Europe - ECB (May 08 - Dec 25)

[behappyalways]

Mario Draghi cannot launch QE without German political assent
http://www.telegraph.co.uk/finance/comm ... ssent.html

[winston]

ECB Cuts Rates In Surprise Move

The European Central Bank on Thursday cut its key interest rates in a surprise move, after holding them steady in the previous two months, as euro area inflation is expected to slow further in the coming months.

The three main interest rates were lowered by 10 basis points, while economists had expected to bank to maintain status quo despite expectations of more stimulus.

http://www.rttnews.com/story.aspx?Id=2379087

[behappyalways]

Mario Draghi’s feeble attempt to save the eurozone is bound to fail
http://www.telegraph.co.uk/finance/econ ... -fail.html

[behappyalways]

If the brilliant Mr Draghi were running a real central bank, he would simply carry out old-fashion open-market operations – with an eight hundred year history – and keep buying assets on whatever scale is needed to meet the ECB’s 2pc inflation target. Instead he running a zoo. He is forced by abominable circumstances to blow smoke in our eyes. He is good at it though

The ECB is blowing smoke in our eyes
http://blogs.telegraph.co.uk/finance/am ... -our-eyes/

[behappyalways]

Even Draghi now admits that the ECB cannot save the whole eurozone alone. On the day he announced the rate cut, he clearly stated that governments need to execute economic reforms if they want the eurozone back on track. The call comes very late because the boat is already taking on water. So far the politicians have not reacted, and I doubt they will.

The European Central Bank Gets Nervous
http://english.caixin.com/2014-09-10/100726999.html

[winston]

ECB's Draghi: Eurozone Interest Rate To Stay Low For Long Time

http://www.rttnews.com/story.aspx?Id=2388363

[winston]

European Central Bank advisor: There will be no "full-blown" QE

Source: Zero Hedge

http://thecrux.com/new-report-says-ther ... 37gMXBU%3D

[behappyalways]

Mario Draghi's QE: too little for markets, too much for Germany
http://www.telegraph.co.uk/finance/comm ... rmany.html

[behappyalways]

Jens Weidmann: ECB's 'QE' will not fix the eurozone's problems
http://www.telegraph.co.uk/finance/econ ... blems.html

[winston]

European Central Bank chief Mario Draghi suggested a possible broadening of intervention channels.

Its asset purchases may cover government bonds.

The ECB had proposed buying bonds from the private sector and expanding its balance sheet by 1 trillion euros (HK$9.61 trillion) over the next year.